The Cost Of Living And The Cost To Charities

As we step into 2024, it's clear the road ahead might be a bit bumpy. The rising costs are making us all feel a little uneasy. But even in the midst of these challenges, it's essential to remember our blessings. Think about it – having food in the fridge, clothes to wear, a safe place to rest our heads – these are things many around the world can only dream of. Surprisingly, having these essentials means we’re actually living better than three quarters of the world’s population.

Money-wise, if you’ve got a little extra in your wallet or bank account, you’re in a privileged minority, the top eight per cent. Yet, as we navigate these financial pressures, it’s crucial to think about those who were already facing an uphill battle. The vulnerable in our community, who were already on the edge, may now find it incredibly tough to get by. With the cost of living soaring, more folks could end up without a roof over their heads. The charities that provide crucial support are also feeling the pinch; they need our help more than ever.

Consider the impact financial stress can place on people and how that can hurt charities. For one, people have less to give, so the coffers might start to run low. Unfortunately, the need for these services will increase, as more people are facing homelessness, there are more people battling anxiety and depression due to worry and the incidence of domestic violence increases. The charities who will need our help more than ever are those which assist the homeless, those who help with mental health and suicide awareness and those which help people fleeing domestic violence.

So, if you're in a position to give a little more, consider extending a helping hand. Whether it's through volunteering time, donating resources, or simply being there for someone in need, small acts of kindness can create ripples of change.

Amanda